Capital Stock at Constant National Prices for Saint Kitts and Nevis
RKNANPKNA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,458.01
Year-over-Year Change
37.09%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the capital stock at constant national prices for Saint Kitts and Nevis. It provides insights into the country's productive capacity and economic growth potential.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The capital stock represents the total value of physical assets, such as machinery, equipment, and infrastructure, used in the production of goods and services. Tracking changes in the capital stock helps economists and policymakers assess a country's investment levels and long-term economic prospects.
Methodology
The data is calculated based on investment flows and depreciation rates using the perpetual inventory method.
Historical Context
Policymakers use this metric to inform decisions on infrastructure investment, tax incentives, and other economic development initiatives.
Key Facts
- The capital stock in Saint Kitts and Nevis has grown by over 50% since 2000.
- Investment in machinery and equipment accounts for a significant portion of the country's capital stock.
- Trends in the capital stock are closely monitored by international organizations assessing the Caribbean nation's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical assets, such as machinery, equipment, and infrastructure, used in the production of goods and services in Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: Tracking changes in the capital stock provides insights into a country's investment levels and long-term economic growth potential, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated based on investment flows and depreciation rates using the perpetual inventory method.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform decisions on infrastructure investment, tax incentives, and other economic development initiatives in Saint Kitts and Nevis.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of investment and depreciation information for Saint Kitts and Nevis.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Saint Kitts and Nevis (RKNANPKNA666NRUG), retrieved from FRED.